Dr Irene Yi Limited - Accounts to registrar - small 17.2

Dr Irene Yi Limited - Accounts to registrar - small 17.2

DR IRENE YI LIMITED - Company Information

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REGISTERED NUMBER: 09351375 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st December 2016

for

Dr Irene Yi Limited

Dr Irene Yi Limited (Registered number: 09351375)






Contents of the Financial Statements
for the Year Ended 31st December 2016




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Dr Irene Yi Limited

Company Information
for the Year Ended 31st December 2016







DIRECTOR: Dr I M M Yi





REGISTERED OFFICE: 23 Blackthorn Close
Tilehurst
Reading
Berkshire
RG31 6ZY





REGISTERED NUMBER: 09351375 (England and Wales)





ACCOUNTANTS: Pigram & Co
2 Burgess Cottages
Pound Hill
Little Dunmow
Essex
CM6 3HW
Page 1
Dr Irene Yi Limited (Registered number: 09351375)

Balance Sheet
31st December 2016

Notes £    £   
FIXED ASSETS
Intangible assets 4 9,900
Tangible assets 5 295
10,195

CURRENT ASSETS
Debtors 6 17,499
Cash at bank 5,508
23,007
CREDITORS
Amounts falling due within one year 7 28,808
NET CURRENT LIABILITIES (5,801 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
4,394

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 4,294
SHAREHOLDERS' FUNDS 4,394

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 29th September 2017 and were signed by:





Dr I M M Yi - Director


The notes form part of these financial statements

Page 2
Dr Irene Yi Limited (Registered number: 09351375)

Notes to the Financial Statements
for the Year Ended 31st December 2016

1. STATUTORY INFORMATION

Dr Irene Yi Limited is a private company, limited by shares , registered in England and Wales. The company's
registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance
sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the
lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
Dr Irene Yi Limited (Registered number: 09351375)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2016

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2016
and 31st December 2016 11,000
AMORTISATION
At 1st January 2016 550
Charge for year 550
At 31st December 2016 1,100
NET BOOK VALUE
At 31st December 2016 9,900
At 31st December 2015 10,450

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2016
and 31st December 2016 550
DEPRECIATION
At 1st January 2016 138
Charge for year 117
At 31st December 2016 255
NET BOOK VALUE
At 31st December 2016 295
At 31st December 2015 412

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 12,499
Other debtors 5,000
17,499

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 42
Taxation and social security 23,728
Other creditors 5,038
28,808

Page 4